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HomeMy WebLinkAboutAppropriating an additional $320,000 from the self Insurance Fund #226ORDINANCE No. 9235-01 Passed by the Common Councit of the City of South Bend, Indiana July 9, Attest: Attest: 2001 Presented by me to the Mayor of the City of South Bend, Indiana July 1~, 20 01 City Clerk President of Common Cottncil City Clerk Approved and signed by me .T„ i ~ > > 20 p,L- Mayor ORDINANCE NO. l 2' 3 ~'~ AN ORDINANCE OF THE CITY OF SOUTH BEND APPROPRIATING AN ADDITIONAL $320,000 FROM THE SELF INSURANCE FUND (#226) STATEMENT OF PURPOSE AND INTENT As part of its annual budget process, this Council previously appropriated funds for payment of litigation claims against the City from the Self-Insurance Fund (#226). In order to satisfy the City's actual expected liability from litigation in calendar year 2001 it is necessary to appropriate an additional $320,000 from the City's Self-Insurance Fund (#226). This will permit settlement of claims during the remainder of calendar year 2001. NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF SOUTH BEND AS FOLLOWS: Section I. The sum of $320,000 is ordered appropriated from and set aside within the Self- Insurance Fund (#226) for payment of litigation claims expected to be settled or concluded in calendar year 2001. Section II. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. ~~ Member, South Bend Commo Council 1 st READING 6"LS-D\ PUBLIC HEARING ~ _1 ~~ 3 rd READ{NG 7 ~~-~, NOT APPROVED REFERRED PASSED ~ -~ 'd~ Fl~~'G E9"i ~~~:~'~~'~ Q~~~~~ JU?? 2 ~ ?.OQ1 RVLnOR[~ST~{TA J. Q9liflt~~ J CI11 `i~.G~1fi~.~.D~f16~~'i~#. COMMITTEE REPORT TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 54-01 A BILL OF THE CITY OF SOUTH BEND APPROPRIATING AN ADDITIONAL $320,000 FROM THE SELF INSURANCE FUND (#226) Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation. Andrew Udj ak Chairman 1400 CAUNIY-CITY BUILDING $OU71i BEND, INDIANA 46601-1830 PHONE 219/ 235-9241 FAx 219/235-9892 TDD 219/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR DEPARTMENT OF I.AW CHARLES S. I..EONE CrrYAT-roRNEY June 20, 2001 Ms. Charlotte Pfeifer, President South Bend Common Council 4th Floor, County-City Building South Bend, IN 46601 Re: An Ordinance Appropriating an Additional $320,000 From the Self Insurance Fund (#226) Deaz President Pfeifer: ALADEAN M. DERosE CHIEF ASSISTANT CITYATT'ORNEY Enclosed please find for your consideration an ordinance appropriating an additional $320,000 from the Self Insurance Fund to permit settlement of liability claims against the City for the remainder of calendaz yeaz 2001. As council members may recall, total expenditures from this fund during the first quarter of 2001 exceeded $249,000 because of the settlement of the a number of cases with significant liability exposure to the City. Although I expect expenditures from the fund for the second quarter of 2001 to be significantly lower, we will still have spent over $300,000 for the first two quarters of this yeaz in resolution of claims. The initial allocation to this fund was $430,000. There are two or three significant cases which we hope will settle during the second half of this year which will require expenditure of funds significantly in excess of the amount previously allocated. Therefore, we are requesting the appropriation of an additional $320,000 to the Self-Insurance Fund for payment of litigation claims expected to be settled or concluded during this calendar yeaz. Thank you for your consideration. Sincerely yours, // ~ ~ Chazles S. Leone City Attorney CSL/jl cc: Tom Skarbek THOMAS L. BODNAR CHERYLA. GREENE FRANK E. SCHAFFER JEFFREY M. JANKOWSKI ROBERT C. ROSENFELD ANN-CAROL NASH